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New 2012-13 Montgomery GI Bill Rates

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New 2012-13 Montgomery GI Bill Rates
Official U.S. Military photo
Updated September 11, 2012

According to the Department of Veteran Affairs, the new 2012-2013 Montgometry G.I. Bill (MGIB) rates have been updated to reflect the annual rate of inflation. Each year in October, the Montgomery GI Bill payment rates increase to meet the growing cost of education. Effective October 2012, the Montgomery GI Bill full-time payment rate will increase to $1,564 for the 2013 fiscal year. Last year (2011), the full-time payment was $1,473. Eligible veterans and servicemembers could receive more than $56,000 in total benefits over 36 months!

The following rates apply to those completing an enlistment of three years or more:
Institutional Training
Full Time $1,564
3/4 Time $1,173
1/2 Time $782
1/4 Time $391

Apprenticeship and On-Job Training
First 6 months $1,173
Second 6 months $860
Remainder $547.40

The following rates apply to those completing an enlistment of less than three years.
Institutional Training
Full Time $1,270
3/4 Time $952.50
1/2 Time $635
1/4 Time $317.50

Apprenticeship and On-Job Training
First 6 months $952.50
Second 6 months $698.50
Remainder $444.50

The following are Basic Institutional Rates for persons with remaining entitlement under Chapter 34 of Title 38, U.S.C. Chapter 30 Category II rates effective October 1, 2012.
Full Time
No Dependents $1,752
1 Dependent $1,788
2 Dependents $1,819
Add'l Dependents $16
3/4 Time
No Dependents $1,314.50
1 Dependent $1,341
2 Dependents $1,364.50
Add'l Dependents $12
1/2 Time
No Dependents $876
1 Dependent $894
2 Dependents $909.50
Add'l Dependents $8.50
1/4 Time
Flat Rate $438

Apprenticeship and On-Job Training
First 6 months
No Dependents $1,275
1 Dependent $1,288.13
2 Dependents $1,299
Add'l Dependents $5.25
Second 6 months
No Dependents $916.58
1 Dependent $925.93
2 Dependents $933.63
Add'l Dependents $3.85
Third 6 months
No Dependents $571.20
1 Dependent $577.33
2 Dependents $582.05
Add'l Dependents $2.45
Remainder
No Dependents $559.30
1 Dependent $565.08
2 Dependents $570.33
Add'l Dependents $2.45

See the VA G.I. Bill Website for Correspondence, Flight, and Cooperative entitlements.

Other Programs:
Reserve Educational Assistance (REAP)
REAP was established as a part of the Ronald W. Reagan National Defense Authorization Act for Fiscal Year 2005. It is a Department of Defense education benefit program designed to provide educational assistance to members of the Reserve components called or ordered to active duty in response to a war or national emergency (contingency operation) as declared by the President or Congress. This program makes certain reservists who were activated for at least 90 days after September 11, 2001 either eligible for education benefits or eligible for increased benefits.
**Beginning August 1, 2011, break (or interval pay) will no longer be payable under REAP except during periods your school is closed as a result of an Executive Order of the President or an emergency (such as a natural disaster or strike). For example, if your Fall term ends on December 15th and your Spring term begins January 10th, your January housing allowance will cover 15 days in December and your February housing allowance will cover 21 days in January.

$600 Buy-up Program
Some reservists may contribute up to an additional $600 to the GI Bill to receive increased monthly benefits. For an additional $600 contribution, you may receive up to $5400 in additional GI Bill benefits. You must be a member of a Ready Reserve component (Selected Reserve, Individual Ready Reserve, or Inactive National Guard) to pay into the "buy-up" program.

Survivors & Dependents Assistance (DEA)
In order to qualify, you must be the son, daughter, or spouse of:
•A veteran who died or is permanently and totally disabled as the result of a service-connected disability. The disability must arise out of active service in the Armed Forces.
•A veteran who died from any cause while such permanent and total service-connected disability was in existence.
•A servicemember missing in action or captured in line of duty by a hostile force.
•A servicemember forcibly detained or interned in line of duty by a foreign government or power.
•A servicemember who is hospitalized or receiving outpatient treatment for a service connected permanent and total disability and is likely to be discharged for that disability. This change is effective December 23, 2006.
Dependents' Educational Assistance provides education and training opportunities to eligible dependents of certain veterans. The program offers up to 45 months of education benefits. These benefits may be used for degree and certificate programs, apprenticeship, and on-the-job training. If you are a spouse, you may take a correspondence course. Remedial, deficiency, and refresher courses may be approved under certain circumstances.

Veterans Educational Assistance Program (VEAP)
In order to qualify, you must meet the following requirements:
•Entered service for the first time between January 1, 1977, and June 30, 1985;
•Opened a contribution account before April 1, 1987;
•Voluntarily contributed from $25 to $2700;
•Completed your first period of service; and
•Were discharged or released from service under conditions other than dishonorable.
•If you are currently on active duty and wish to receive VEAP benefits, you must have at least 3 months of contributions available.
VEAP is available if you elected to make contributions from your military pay to participate in this education benefit program. Your contributions are matched on a $2 for $1 basis by the Government. You may use these benefits for degree, certificate, correspondence, apprenticeship/on-the-job training programs, and vocational flight training programs. In certain circumstances, remedial, deficiency, and refresher training may also be available.

National Call to Service Program
** From what I've heard from some recruits, it has been extremely difficult to either get an available slot, or to have a recruiter admit to a vacancy for this program. I've even heard a report that a recruiter has claimed this program was in the wash. While it may be difficult to obtain, this program is still in effect. **
There is a three-tiered service requirement to qualify for incentives under the National Call to Service program:
•First, after completion of initial entry training, individuals must serve on active duty in a military occupational specialty designated by the Secretary of Defense for a period of 15 months.
•After this, and without a break in service, these individuals must serve either an additional period of active duty as determined by the Secretary of Defense, or a period of 24 months in an active status in the Selected Reserve.
•After completion of this period of service, and also, without a break in service, the remaining period of obligated service specified in the agreement will be served as follows:
-On active duty in the armed forces
-In the Selected Reserve
-In the Individual Ready Reserve
-In Americorps, or another domestic national service program jointly designated by the Secretary of Defense and the head of such a program

Veterans Retraining Assistance Program (VRAP)
The VRAP offers 12 months of training assistance to Veterans who:
•Are at least 35 but no more than 60 years old
•Are unemployed on the date of application
•Received an other than dishonorable discharge
•Are not be eligible for any other VA education benefit program (e.g.: the Post-9/11 GI Bill, Montgomery GI Bill, Vocational Rehabilitation and Employment Assistance)
•Are not in receipt of VA compensation due to unemployability
•Are not enrolled in a federal or state job training program

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